4207/4209 SE 27TH AVE Portland, OR $ 520,000
4207/4209 SE 27TH AVE
$ 520,000
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4207/4209 SE 27TH AVE

Portland, OR, 97202
$ 520,000
Bedrooms4 Baths2.0 Sq 1,612

Monthly Estimate*

$ 3,244

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Multi-Family Home for sale in Portland, OR

for $520,000 with 4 bedrooms and 2 full baths. This 1,612 square foot home was built in 1967 on a lot size of 0.12.

Prime investment opportunity! This well-kept Creston/Reed College duplex offers excellent flexibility for both owner-occupants and investors. Each unit features 2 bedrooms and 1 bathroom, with access to separate laundry and individual storage rooms. One unit is currently vacant and move-in ready, showcasing fresh paint, new carpet, and updated flooring. Ideally located just minutes from Reed College, Trader Joe’s, and local favorites, plus close to Creston and Kenilworth Parks for outdoor enjoyment. Whether you’re looking to live in one unit and rent the other, or add a solid asset to your portfolio, this duplex checks the boxes.

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Multi-Family Pending

Price

$ 520,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,225

Style

Lot Size

0.12

Year Built

1967

Town/City

Portland

County/Region

Multnomah

MLS | Web ID

153099421

Features
General
Sewer PublicSewer
Heating Baseboard
Cooling None
Roof Composition
Zoning R5
Year Built 1967
Stories Count 1
Parcel Number R195854
Gross Income 18000.0
Community Features AllLandscaping Commons Laundry
County Multnomah
Net Operating Income 13350.0
Operating Expense 4650.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds
Status Pending
Directions SE Powell S on SE 27th
High School Cleveland
City Portland
Number Of Units Total 2
MLS Area _143
Lot Size Square Feet 5227.0
Listing Terms Cash Conventional FHA
Elementary School Llewellyn
Tax Annual Amount 6225.71
Middle/Junior High School Hosford
Property Condition Approximately
Virtual Tour youtube.com/watch?si=Fka4ZLK0mnwtJQ89&v=TfTZqx_bN9I&feature=youtu.be
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description KENILWORTH BLOCK 22 LOT 12
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Interior
Basement CrawlSpace PartialBasement Unfinished
Storage Basement IndividualStorageUnits
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 1612.0
Lot Size Acres 0.12
Road Surface Type Concrete Paved
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Internal Only
Street Number 1 4207
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* Excluded Features
List By
Real Broker

Broker

bensonbui28@gmail.com

Contact

Affordability Calculator

$3,763
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,244
Monthly Property Taxes
$519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1948987 Elementary School
1950530 Middle School
Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$520,000 -5.45% Price Down
9/10/2025$550,000 -5.17% Price Down
8/6/2025$580,000 Listed Price

Map


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4207/4209 SE 27TH AVE, Portland, OR, 97202 is a Multi-Family Home for sale at $520,000 with 1,612 sqft and a lot size of 0.12. 4207/4209 SE 27TH AVE has 4 bedrooms, 2.0 baths, and was built in 1967. The property's zip code is 97202 which is in Portland, OR